big spending cuts coming march 1st and a possible government hutdown. >> if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. >> reporter: republicans are insisting on real spending cuts before they say okay to any more borrowing. >> they just can't sit there and say, oh, you're cutting me because you're not giving me the amount of increase that i wanted. those days are over. >> reporter: democrats argue you can't put the country's finances at risk just to get your way. >> you do not get it by threatening people to burn the house down as a way of making them come to the table. that's simply won't work. >> reporter: president obama's also working on new rules to regulate guns. vice president biden delivered his recommendation a day early and p told lawmakers the president has 19 different options that don't involve congress. the president's final plan is due out at the end of the week. from washington, i'm tracie potts. back to you. >>> check back in with meteorologist christine loren who says it's still very